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Peak, off-peak load gap cut mandatory, says energy adviser
Prime minister’s energy adviser Dr Tawfiq-e-Elahi Chowdhury said curbing the difference between peak and off-peak load is one of the major challenges for the government, otherwise it may cause higher expenses for the power sector. “If the difference of peak and off-peak load soars, our spendings will shoot up accordingly,” he said. The adviser was addressing a programme held for his reception by the Power Division at the Bidyut Bhaban on Tuesday. Tawfiq, also a former bureaucrat, was reappointed as the adviser on Sunday, eight says after the Awami League formed its new government after the landslide win in the December 30 polls. According to Bangladesh Power Development Board (BPDB), the forecast demand for power during peak and off-peak hours was estimated at 10,631MW and 11747MW for Tuesday. Crediting the previous government, also led by the Awami League, for ‘proving electricity to every household’, Tawfiq said: “It (power coverage) was a massive achievement for the (last) government.” Currently, 90% of the population has access to electricity, with power sector high-ups hoping the entire country to come under electricity coverage by this year. Tawfiq also opined that the sector must adopt an updated and timely communication strategy to help register an even better growth. Power Division Secretary Dr Ahmad Kaikaus, BPDB Chairman Khaled Mahmood and BERC Chairman Major General (retd) Moin Uddin, among others, attended the event.
Bangladesh mulls exporting power to Nepal during winter
January 14, 2019 Monday 11:36 AM By UNB
The government will soon initiate a process to export surplus electricity to neighbouring country Nepal in the winter when Bangladesh sees a drop in domestic consumption. According to official sources at the Power Ministry, the electricity export to Nepal will take place under the cross-border power trade where a tripartite agreement among the three neighbouring nations-Bangladesh, India and Nepal-will be required. The cross-border power trade between Dhaka and New Delhi started few years back whereby Bangladesh is importing over 1,000 MW of electricity from India. Dhaka is also trying to import electricity from its other neighbours, including Bhutan and Myanmar, to meet the demand during the summer season. Officials said the Indian government’s recent approval of guidelines is seen as a major development in the Bangladesh’s initiative to achieve its target for power export-import trade with Nepal. Officials said Bangladesh has initially planned to import power from Nepal through setting up hydropower plants there. But now it sees a major opportunity for exporting electricity to Nepal in the winter as well as before the start of its electricity import from the Himalayan nation. The demand-curve of electricity in Nepal is just reverse of Bangladesh. Officials said the demand for power increases in the Himalayan nation in the winter with the drop in the mercury whereas it sees a rise in Bangladesh for cool weather. Similarly, the demand goes up in the summer in Bangladesh while dips in Nepal. “Bangladesh mainly wants to take this advantage to export additional electricity to Nepal in the winter season and also import electricity from the Himalayan country in the summer season when they need less power,” said Mohammad Hossain, director general of Power Cell, a technical wing of the Power Ministry. He, however, said it is very hard to achieve the target within the next winter as export or import of electricity to and from Nepal needs huge infrastructure development which a time-consuming matter. Hossain mentioned that the recent amendment to the Indian guidelines has come as a big boon to Bangladesh’s initiative to import and export power from and to Nepal.
Category: Power
BPC seeks 1000 acres land in Cox’s Bazar for refinery, LPG plants
January 14, 2019 Monday 11:17 AM By News Desk, energynewsbd.com
State-owned Bangladesh Petroleum Corporation (BPC) seeks about 1000 acres of land at Moheskhali in Cox’s Bazar for setting up a refinery and a large scale plant for Liquefied Petroleum Gas (LPG). “The Energy and Mineral Resources Division (EMRD) has recently sent a proposal to the Prime Minister Office (PMO) for getting the land,” said officials in the ministry.  The BPC earlier sent the proposal to the EMRD for clearance from the PMO. At present, the Cox’s Bazar Deputy Commissioner’s office is conducting a feasibility study for Moheskhali-Matarbari Integrated Infrastructure Development Initiative with the support of JICA.  As per the initiative, two separate power hubs will be developed at Moheskhali and Matarbari. The government has already signed deals to construct 10 power plants having a combined capacity of about 12,000MW of electricity between 2025 and 2038 at Moheskhali. Besides, seven more power plants having combined capacity to generate around 6200MW will be set up between 2024 and 2033 at Matarbari. The country’s alone refinery has a capacity to process only 14 lakh metric tons of crude oil per annum against the demand of 56 lakh tons of petroleum fuel. The government is now contemplating for setting up a second refinery having a capacity to refine an additional 30 lakh tons of crude fuel. According to BPC proposal, the new refinery will be installed near the location of single point mooring with double pipeline project. The installation of single point mooring with double pipeline project will help unload petroleum refine and crude fuel within two days instead of 10 days from the offshore.
Category: Petroleum
Titas fails deadline with around two-thirds work impending
January 13, 2019 Sunday 8:09 AM By News Desk, energynewsbd.com
Having failed to complete a three-year project for the implementation of two lakh prepaid gas meters by December last, Titas Gas Transmission and Distribution Company Limited (TGTDCL) has sought a two-year extension from the Petrobangla and Energy and Mineral Resources Division. Initiated in 2015, the project that expired on December 18 saw a little over one-third of the meters installed in parts of Dhaka, confirmed sources at the TGDCL, the country’s biggest state-run gas company. The project is being implemented with funding from the Bangladesh government and Japan International Cooperation Agency. “Just 74,284 meters were installed at Banani, Baridhara, Gulshan,Bashundhara, Badda, Tejgaon, Mirpur, Cantonment, Kafrul, Khilkhet, Uttara and adjacent areas of Dhaka,” said a Titas official. He attributed the failure to the delay in starting the project work. “The practical works of the project started more than two years and a half after its launching in January 2015,” he also said. He went on saying the proposal seeking extension of the project until 2020 was sent to the government for a go-ahead. Titas Gas Company and Japan-based Toyokeiki Company Ltd inked a Tk 387 crore engineering, procurement and construction deal on March 16, 2017 for the prepaid meter installation. Of the total project cost, the government will contribute Tk237 crore, Japan International Cooperation Agency (JICA) will pay Tk453 crore, and TGTDCL will provide funds of Tk 22.2 crore. Some 170,000 prepaid meters will be installed in Madhya Badda, Baridara, Gulshan, Banani, Tejgaon, Azampur, Cantonment, Mirpur, Kafrul, Khhilket, Uttarkhan, and Uttara, with the remaining 30,000 earmarked for Bashundhara, Uttara Third Phase, and Dakkhinkhan.  
Category: Gas
Summit’s LNG terminal likely to start commercial operation by March
January 9, 2019 Wednesday 7:10 PM By Staff Correspondent, energynewsbd.com
The first LNG terminal under the initiative of private sector is likely to start commercially by March this year. The terminal is being constructed at Moheshkhali in Cox’s Bazar by the Summit LNG Terminal Company (Private) Limited, a concern of the Summit Group. Even though the terminal has the capacity to supply 500 million cubic feet of gas per day, it will be able to supply 250 million cubic feet because of the lack of installed pipeline, said a Petrobangla official. The new terminal of Summit is going to be launched six month after the first LNG terminal started supplying LNG to the national grid. ANM Tariqur Rashid, Managing Director of the Summit LNG Terminal Company Private Limited told energynewsbd.com that working on offshore location is always very risky and it is hard to envisage anything before the completion of the work. “We however hope to start our commercial activity in the terminal by March,” said Rashid. Summit Group signed two separate contracts with Energy and Mineral Resources Division and Petrobangla in April 20, 2017. As per the contracts, the Summit LNG Terminal Company Private Limited will construct the terminal along with a nine kilometer long pipeline under the sea. After operating the terminal for 15 years, Summit will hand over the terminal to Petrobangla. Under the LNG terminal project, Summit will supply gas to Gas Transmission Company Limited after converting the LNG into gas in the floating storage re-gasification unit (FSRU). Petrobangla will have to pay 45 cent (Tk 37) per million BTU to Summit. GTCL meanwhile will supply the gas to the national grid. The annual target of re-gasification in the terminal is 3.5 million ton. The initial estimated cost of the project is 500 million US dollar. Japan based Mitsubishi Corporation has already purchased 25 percent of the under construction terminal. The construction of the terminal started in the end of 2017. Earlier, for the construction of the terminal, Summit signed a 100 million US dollar turnkey contract with the marine contractor consortium Geocean SAS and MacGregor. Under the contract, the two organisations are working on the design, engineering, procurement, fabrication, installation and testing of the LNG storage and re-gasification terminal in Moheshkhali of Cox’s Bazaar.
Category: Gas
Sustainable electricity connection to every household main challenge
January 8, 2019 Tuesday 6:36 PM By Staff Correspondent, energynewsbd.com
Terming sustainable electricity connection to every household as the main challenge, Nasrul Hamid, the State Minister for Power, Energy and Mineral Resources on Tuesday said he aspires to keep his portfolio at the forefront of Sheikh Hasina’s mantra of nationwide development. He, who for the second time in a row becomes the State Minister of this important arm of the government, was given a reception by the officials from the Power Division and different power generation and distribution companies at Bidyut Bhaban in the capital. It was Nasrul’s first official day as the State Minister. He started the day by visiting and placing wrath at the portrait of Bangbandhu Sheikh Mujibur Rahman at Dhanmondi 32 and the National Monument in Savar. Addressing the officials present at Bidyut Bhaban, Nasrul said, “Prime Minister Sheikh Hasina has made me the State Minister of again here as she is happy with works we have done in the past five years. We have been able to make electricity available at every corners of the country. Now our challenge is to make it available in every household,” he said. He said, electricity and sustainable energy supply are the main driving force behind an economy. “We have been able to come back in power because we had provided due importance in electricity generation in sourcing energy,” he said. Nasrul asked all the officials related with his ministry to keep up the good work. “We were number one ministry in the last government and we want to stay in the same position this time as well.” Power Division Secretary Dr Ahmed Kaikaus said Bangladesh recently has been ranked as the 41st largest economies in the world, up from the 43rd position since the last year. “According to the World Economic Forum, it is well on track to become the 24th largest economy by 2033. If the country aspires to become so, there will be a huge need for development in the power sector,” said Kaikaus. Kaikaus said under the leadership of Sheikh Hasina, the country is in the right track of development. “Our ministry, under the guidance of Nasrul Hamid is also in the right track,” he said.
Category: Power
Everyone to have access to electricity by June: Nasrul
January 1, 2019 Tuesday 9:05 PM By UNB
The government is working to bring the whole country under electricity coverage, said State Minister for Power Nasrul Hamid on Tuesday. “Everyone will have access to power within the next six months,” he said, a day after the ruling alliance won an overwhelming victory in the national election. “Ninety-two percent people already have access to electricity,” Nasrul told reporters at his ministry. “Our goal will be to provide uninterrupted electricity at an affordable price,” he said. “It’s the government’s biggest challenge.” ‘Power import cheaper’ The state minister said Bangladesh needed $40 billion investment in its power sector to meet its requirement. The government might review the Power System Master Plan 2016 to accommodate more options for the import of electricity from India, Nepal and Bhutan, he said. “Importing power is relatively cheaper than generating it locally,” Nasrul said, without giving details. Bangladesh will also start exporting electricity to Nepal in the next winter when the local demand decreases, he added.
Category: Power
India clears guideline on BD power import from Nepal, Bhutan
December 26, 2018 Wednesday 3:06 PM By News Desk, energynewsbd.com
Bangladesh will be able to import power from the neighbouring countries via India as the Indian government has approved the ‘Guidelines for Import/Export (Cross Border) of Electricity- 2018’ which was published on December 18. According to section 3.1 of the guideline of ‘Cross-border Trade of Electricity’, the cross-border transaction between India and the neighbouring countries will be approved by the Indian entity through an agreement. The Indian government has recently amended the guidelines where it said two separate countries can trade electricity where India will take part through a tripartite agreement or giving approval. At the joint steering committee meetings, the issue of electricity import from Nepal and Bhutan via India was discussed on December 03 and December 04 in Kathmandu, Nepal. Already, a Memorandum of Understanding (MoU) was signed between Bangladesh and Nepal for the electricity import.
Category: Power
Govt plans to unlock investment scope for pvt sector in power transmission
December 18, 2018 Tuesday 6:57 PM By UNB
The government is moving ahead with a plan to open a $35 billion investment opportunity for private investors in the country’s power transmission sector. According to official sources in the Power Division, the private sector`s enormous success in power generation has prompted the government to invite them to invest in the transmission segment of the sector. The latest government statistics show the private sector’s contribution to power generation hit 11,057 MW representing 54.35percent while the public sector stands at 45.65 percent with its output of 9286 MW against the country`s total power generation of 20,343 MW. Power Division officials claimed this substantial growth has been possible due to a favourable investment policy offered by the government over the last one decade. “Seeing this great success, the government has now moved to unlock the investment scope for the private sector in the transmission segment as well,” Director General of the Power Cell Mohammad Hossain said. Power Cell, a technical wing of the Power Division, which is responsible for preparing policy guideline and implement reforms in the power sector, has already started framing the proposed guideline by accumulating a number of models now being followed by different countries in this regard. “We hope the guideline will be ready by January next,” said the Power Cell DG. Official sources said as part of the Power System Master Plan, 2016, the Power Division outlined a $35 billion investment potentials in the transmission segment up to 2041. As per the plan, the power transmission lines will be expanded to 36,870 kms across the country by 2041. Of the total grid transmission lines, 16,655 kms will be of 132 kV while 9,717 kms of 230 kV, 1,740 kms of 400 kV and 796 kms of 765 kV, according to officials at the Power Division. According to the Power Cell statistics, the total length of transmission lines at present are 11,123 kms covering all over Bangladesh. Of this, 132 kV transmission lines are 7,082 kms while 230 kV 3,343 kms and 400 kV lines are 698 kms. Until now, there is no 765 kV line anywhere in the country. Power Division officials informed that a good number of foreign and local firms lined up with the government by placing their offers to express their intention for investment in the transmission segment. They said that the transmission segment is coming into focus because of the government strategy to keep the power generation momentum continued until 2041 when electricity generation is planned to reach about 60,000 MW. Power Division officials said the government envisioned a total of $216 billion investment in three segments of power sector—generation, transmission and distribution—up to 2041 from 2017. Of this, it requires $150 billion in generation, $35 billion in transmission and $31 billion in distribution. But so far the private investment is allowed only in generation segment while transmission and distribution segments are not opened for private investors. With new policy guidelines coming into place, the transmission segment will be opened for private investors. Mohammad Hossain noted that private sector`s involvement in transmission segment is a little bit sensitive as national security is involved in the sector. But overcoming the security concerns, many countries including neighbouring India has allowed private investment in transmission segment.”The investment could be in private-public partnership (PPP) as well.” Power Division additional secretary RahmatUllah Mohammad Dastagir in a recent presentation to a group of Chinese investor said the country needs an average $9 billion investment in power sector each year up to 2041. Welcoming the government`s move for allowing private sector in the transmission segment, Imran Karim, vice president of Bangladesh Independent Power Producers Association (BIPPA), said the new scope will definitely encourage the private investors to continue their contribution in the country`s power sector development. "Without a strong support from the state, it was not possible for the private sector producers to reach the milestone in power generation." According to BIPPA, the private sector has invested about $12 billion over the last 10 years by setting up more than 50 power plants. BIPPA leaders said they have now planned to invest $50 billion in the next 12 years to keep up the private sector`s participation in power sector development. The private investors want to invest as independent power producers (IPPs) as well as private partners via the public-private partnership (PPP) initiative to set up at least 55 plants to generate some 12,000 MW of power or more.
Category: Power
Use of LPG grows over 21pc since 2009
December 14, 2018 Friday 11:16 AM By BSS
Power, Energy and Mineral Resources Ministry has identified 12 points for ensuring safe use of Liquefied Petroleum Gas (LPG), as the growth of LPG use rose to over 21 percent since 2009 in the country. “The government is committed to ensure safe use of LPG cylinders across the country and working to create awareness among the users to this end,” Energy and Mineral Resources Division Secretary Abu Hena M Rahmatul Munim told newsmen at a press briefing at his ministry conference room on Thursday. He said the country’s LPG use rose to around 10 lakh tonnes in 2018, which was only 47,000 tonnes in 2009 and now the demand for LPG rose to 30 lakh tonnes. The secretary said the demand for LPG increased due to the government’s realistic steps including availability of LPG at every corner of the country, adding, “We are working to create awareness among the users and strengthen monitoring system to ensure safety and security of LPG cylinders.” Replying to a question, he said private sector would be enforced to create awareness among consumers side by side with raising quality of their products because the government primarily approved 60 companies for supplying LPG and now 17 companies are supplying LPG at consumer level. “If consumers use LPG properly then accidents would be reduced significantly,” Munim said.
Category: LPG
Summit power approves 30pc cash dividend
December 10, 2018 Monday 4:41 PM By News Desk, energynewsbd.com
Summit Power Limited approved 30 percent cash dividend to its shareholders for the year ended on 30 June 2018. The dividend was approved in presence of the company’s shareholder at its 21st annual general meeting (AGM) held at Krishibid Institution Bangladesh (KIB) Complex at Farmgate in Dhaka, said a press release. Summit Power Limited has been consistent in giving out dividend since its enlistment in the Dhaka and Chittagong Stock Exchanges in 2005. Presided over by chairman of Summit Power Limited Muhammed Aziz Khan, the meeting was attended by vice chairman Md Latif Khan, director Anjuman Aziz Khan, director Jafer Ummeed Khan, director Md Farid Khan, director Faisal Karim Khan, director Azeeza Aziz Khan, managing director Lt Gen (Retd) Engr. Abdul Wadud, director Faruq Ahmed Siddiqi,  director Helal Uddin Ahmed, director Arif Al Islam, director Mustafizur Rahman Khan, financial controller and company secretary Swapon Kumar Pal and other senior officials. Summit Power Limited (SPL) is the leading independent power producer (IPP) of Bangladesh and a publicly listed AAA rated company. Presently Summit Group is supplying 1,941 MW electricity to the national power grid. Recently Summit Power have installed 449 MW power plants at Kodda in Gazipur. Summit Group has received five consecutive the best power plant awards from government of Bangladesh since 2013.    
Category: Power
Electricity connections for industries in a week
December 8, 2018 Saturday 5:18 PM By News Desk, energynewsbd.com
The government is planning to provide electricity connections to industrial within a week subject to submission of necessary documents. “We are now providing electricity connections to industrial units of local and foreign investors within 28 days. The time can be reduced to a week only if we receive the necessary documents from them,” Dhaka Power Distribution Company Ltd (DPDC) managing director Bikash Dewan said. He said the investors must submit electrical license, fire safety license, environmental and land ownership licenses to get new electricity connections. But most of the investors fail to provide these required documents, which causes the delay in getting the electricity connections, he also said. At a meeting on December 05, state minister for power, energy and mineral resources Nasrul Hamid said they would be able to provide high voltage electricity connections (HT) within two days.  “We will require access the database of the consumers to provide quick electricity connections,” he said. The DPDC is now providing electricity to 12.18 lakh consumers, the DPDC chief informed, adding that 5,000 industrial customers consume around 40 per cent of DPDC’s total electricity supply. The government is now working to ensure speedy power supply to investors with the support of the Board of Investment. The government is targeting to increase the volume of power supply to 24,000MW by 2021 and to 60,000MW by 2040. 
Category: Power
‘Deal signed for feasibility study on underground power supply network’
December 6, 2018 Thursday 10:57 PM By Staff Correspondent, energynewsbd.com
State Minister for Power, Energy and Mineral Resources Nasrul Hamid on Thursday said the underground lines would ensure uninterrupted power supply and reduce system loss. Nasrul as the chief guest was addressing a contract signing on consultancy service for feasibility study of replacement of existing overhead power supply lines by underground network. “The underground power network will ensure uninterrupted power supply, reduce system loss, reduce client hassle and grow beauty of city,” he said. State-owned Dhaka Power Distribution Company Limited (DPDC) hosted the event at Mukti Hall of Bidyut Bhaban in Dhaka. Nasrul also said that power distribution companies should be efficient to meet advanced technological demands. Urging for timely completion of the project, Nasrul expressed hope that underground network would reduce distribution cost as well as ensure uninterrupted power supply. The state minister said the government will reach electricity to every house prior to the stipulated timeframe. The government has undertaken initiatives to replace existing power distribution lines with underground following global modern cities as the government took steps for appointing an international standard consultancy firm to conduct feasibility study under DPDC area, he said. For the DPDC jurisdiction, the project worth Tk 21 crore would be implemented within one year by Australia-based Engergytron, a research and development wing of Knowledge Integration Services Group. The consultants would carry out survey, feasibility study, underground distribution system design and cost estimation under the project.  Acting secretary of DPDC Hasnat Chowdhury and Principal Engineer Khandker Wahidul Islam on behalf of Energytron Australia signed the contract on behalf of their respective sides. Among others, power division secretary Dr Ahmed Kaikaus, DPDC chairman M Shafiqullah, Bangladesh Power Development Board chairman Engineer Khaled Mahmood, DPDC managing director Bikash Dewan and Energytron regional manager Richard Murphy were present.  
Category: Power
Bakhrabad Gas Company earns Tk 217.86 lakh in profit
November 28, 2018 Wednesday 11:56 AM By News Desk, energynewsbd.com
Bakhrabad Gas Distribution Company Ltd (BGDCL), a company of Petrobangla, has made operating profit worth around Tk 217.86 lakh during the just concluding fiscal year 2017-2018, the company said in a press release recently. At the beginning of the financial year 2017-2018, the company management had formulated an action plan and sent the directions to the field level for achieving al the business targets aiming to make BGDCL a profitable, the press release added. Bakhrabad Gas Distribution Company Ltd disclosed the information at its 38th Annual General Meeting held at the Bangabandhu International Conference Center in the capital. The additional secretary (development) of Energy and Mineral Resources Pervin Aktar, who is also chairman of BGDCL’s board of directors, chaired the meeting.
Category: Gas
Midland 150MW power plant goes into operation
November 27, 2018 Tuesday 11:20 AM By News Desk, energynewsbd.com
Midland East Power Ltd (MEPL), a 150-megawatt (MW) furnace oil-fired power project located at Chor Chartola of Ashuganj in Brahmanbaria, kicked off commercial operation on Monday. The plant used state-of-the-art engines manufactured by the engine manufacturing company Rolls Royce, Norway, said a company statement. This power plant will generate and supply electricity to state-run Bangladesh Power Development Board (BPDB) for 15 years from the date of commercial operation, as per the contract. This power plant is one of the fast-track power projects awarded by the government last year.
Category: Power
Govt scraps new floating LNG projects for land-based ones
November 24, 2018 Saturday 6:10 PM By Reuters
Bangladesh will scrap plans to build additional floating liquefied natural gas import (LNG) terminals in favour of land-based stations, a senior government official said. Adverse weather is making it difficult to operate the country’s sole floating storage and regasification unit (FSRU) and, hence, Bangladesh does not plan to build any further FSRU projects, said Mohammad Quamruzzaman, managing director of the Rupantarita Prakritik Gas Company. His firm is in charge of LNG imports at state-owned oil firm Petrobangla. “We will not go for more floating LNG projects at this time. One is already online and another is expected to start in March next year,” he told Reuters. The South Asian nation began importing LNG from Qatar on a regular basis in September through the country’s first FSRU operated by privately owned US company Excelerate. The FSRU arrived in April for commissioning at the port of Moheshkhali near the city of Cox’s Bazar but its start-up was delayed by several months due to technical problems and bad weather. A second FSRU project, operated by Summit Corp with Japan’s Mitsubishi Corp as a partner, is expected to start operations in March next year, doubling the country’s import capacity to 7.5 million tonnes a year. Scrapped FSRU projects will include a project by India’s Reliance Power and another by a consortium comprising Hongkong Shanghai Manjala Power and Malaysia’s Petroliam Nasional Bhd, Quamruzzaman said. Reliance did not reply to requests for comment while Hong Kong Shanghai Manjala Power declined to comment. Petroliam Nasional did not immediately respond to a comment request. Rupantarita Prakritik has short-listed five companies for a proposed land-based terminal that can import 7.5 million tonnes per year of LNG, including Japan’s Mitsui, Osaka Gas and JERA, and two other Korean companies, said Quamruzzaman. The terminal could be built at Matarbari in Cox’s Bazar, though the details are not yet firm, he said. Developing countries that have sought LNG supplies have adopted FSRU terminals since they are typically about half the cost of land-based terminals, twice as quick to deliver and can be moved to other destinations when they are no longer needed.
Category: Gas
Govt resolves FSRU issues, to resume LNG imports
November 20, 2018 Tuesday 5:48 PM By Reuters
Bangladesh will resume liquefied natural gas (LNG) imports this week after resolving issues with its sole floating storage and regasification (FSRU) unit, a senior official said on Monday. Two cargoes, meant to be delivered on November 07 and November 15, had been cancelled as the FSRU was closed due to problems with a hydraulic line that operates an emergency shutdown valve. “The problem with the hydraulic line has been resolved now,” said Mohammad Quamruzzaman, managing director of Rupantarita Prakritik Gas Company, the unit in-charge of LNG imports at state-owned oil firm Petrobangla. The next cargo with 140,000 cubic-metre LNG will arrive on November 21, he told Reuters. No LNG has been discharged into Bangladesh’s Cox’s Bazar since October 29, shiptracking data from Refinitiv Eikon showed. Bangladesh has a long-term supply agreement with Qatar’s RasGas Co. The South Asian nation began importing LNG from Qatar on a regular basis in September. The FSRU arrived in April for commissioning in Moheshkhali port by Cox’s Bazar. A second FSRU project, operated by Summit Corp with Japan’s Mitsubishi Corp as a partner, is expected to start operations in March next year, doubling the country’s import capacity to 7.5 million tonnes a year.
Category: Gas
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